المساعد الشخصي الرقمي

مشاهدة النسخة كاملة : ? what is overdraft protection



محاسب متخصص
02-24-2015, 09:40 AM
Credit arrangement under which a bank automatically extends a short-term loan to cover a check's amount that exceeds the check writer's (drawer's) account balance.
This arrangement ensures the check is not returned (bounced) due to not sufficient funds (NSF) which may call for a criminal charge.